Comp structure: vary dependent. Are you talking BB Russian mob in Moscow with direct ties to the Kremlin? Or some family office operating in a Tier 3 city (looking at all the Grozny folks on this site)? Assuming BB, take home is in the high 7 figure to low 8 figure, potential equity kicker in specific deals.

The typical route is Spetsnaz -> KGB -> O&G Operations Management. Keeps you well rounded for HVT kidnapping and funneling off oil into different shipments. O&G can be replaced by gun running. CFA (Certified Firearms & Arson) Certificate is a bonus.

Comp structure: vary dependent. Are you talking BB Russian mob in Moscow with direct ties to the Kremlin? Or some family office operating in a Tier 3 city (looking at all the Grozny folks on this site)? Assuming BB, take home is in the high 7 figure to low 8 figure, potential equity kicker in specific deals.

The typical route is Spetsnaz -> KGB -> O&G Operations Management. Keeps you well rounded for HVT kidnapping and funneling off oil into different shipments. O&G can be replaced by gun running. CFA (Certified Firearms & Arson) Certificate is a bonus.

A close friend of mine from school hustled her way from a MO GS internship into DCM/ECM the following year and converted it to FT. Absolutely busted her ass for 2 years, hit top bucket both of those years, and was brought in as an associate in one of GS top groups. She's currently crushing it there and has her pick of funds if she chooses to leave. A fairly traditional (albeit very impressive) path, but the grit this chick displays is unparalleled to any person I've ever met and it's incredibly motivating.

Yeah man totally, I hear Elliott Management's entire executive suite is actually just a bunch of old DCM bros from Wells Fargo. I searched it on LinkedIn and it turns out that DCM is actually peak human performance. Even Warren Buffet got his start in DCM they say.

Use your reading skills next time, and stop thinking you know everything because you go to Harvard. I'll take my job over your overinflated sense of self importance (and unemployment) anyday. Good luck interviewing, try to remember not to wear Daddy's Rolex!

Haha, debt capital markets is actually the only IB related job I would take. Better hours and you're still making sweet money. I was just trolling. My dick is bigger than yours and my dad could kick your dad's ass for sure though.

Well "Impressive" is relative, isn't it? A fat man is impressed by someone in shape... Poor impressed by the rich. Wealthy men might be impressed with others making a little less but working half the hours...

Tony Montana is right...

Are there people in my network that landed a FO gig in S&T / IB? Sure. Do I have family that immigrated here with a few hundred dollars to their name and are now doing extraordinarily well for themselves? Sure. I suppose though that the kid that made it in VC is just unique, so I find it impressive.

Let's not convince ourselves that a very conservative 30 to 40% of people in "high finance" don't at least get a foot in the door by using their connections.

I've seen someone go from undergrad to 2yr stint at bank then hedge fund making 7 figures - pretty impressive for mid-20s

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

I know someone who started a PE fund investing exclusively in the country of Georgia (probably with family money, but still impressive). He also went to work for a boutique IB, where he's now a director 6 years later.

One guy from my grad school was quite talented, but it was also a "right place at the right time" thing.

He was doing research on Deep Learning before it took off - around 2010. Then 2012 came, while he was doing his Ph.D, and everyone wanted to do Deep Learning. He was pretty much the expert on this stuff at my alma matter, and they pooled together resources to send him to a leading school on this topic - CMU.

From there, it just snowballed, and he's now making very, very good money as a ML researcher at top tech/data firm.

I'm saying right place at the right time, because most of his peers (that focused on other topics) ended up with $70k gov. research jobs, academia, or similar.

Ok not finance but girl from my school got a Victoria's Secret fashion show gig right after school. A few years later now she's still on the show. VS claims to receive 10,000 applications every year and only accept 30-40 each year.

Plus its not like their job is "easy". You work at that shit. Whether it's staying in shape or dealing with all the assorted crap which comes with being a hot chick in that kind of job... I mean, you could say the same thing about anyone in IB. "Rich, connected parents" or "natural intelligence". We all probably know some idiots who were geniuses, coasted through life and did well, but never really lived up to potential. Why is that more impressive than someone getting by on looks?

I've seen a good bit of stuff in Washington D.C. like getting jobs at the White House or working for someone like a Newt Gingrich. Of course, as a new graduate, you're pretty low on the totem pole but it's still pretty prestigious to be even allowed in the same room as people that are basically running the show around here.

Now the ultimate career route for some of these jobs is fairly uncertain, but if you're into feeling important about yourself (aka 99% of D.C.), you basically can't beat these jobs at the entry level.

I'm from the DC area myself, went to college in VA, and am now back working in consulting in NOVA(arlington). I honestly think the greater DMV area is a lot more diverse than just the K street social climbing putrid scum squad. They all want to feel important but how many of them actually are?

Chief of staff for an investment office of a top global billionaire - x2.

The one I didn't directly 'see' (as it was before my time) I know quite well. After 2 years, he had proved himself enough where the billionaire gave him an 8-digit sum to start his own fund - in his early 20s.

The other one was a close friend in college. Turned down GS/MS to work in the investment office of a guy in the top handful of the Fortune 400. Gets paid IB money to work 35-40 hour weeks, work across all the different verticals in the office/see everything, and ride along to every ridiculous conference.

Know this one guy (still no idea how he did this), got a 0.0 first semester of college, I mean absolutely stellar performance, 12 credit hours, all English speaking professors at a state school right? Comes back the next semester on academic probation like the absolute unit he is and gets arrested for stealing a rival frat's composite. Balls tf out on the local gov with a public defender and walks away with just 10 days in jail. I mean I'm not gonna drop the J-bomb but you get it, Kardashian level lawyerings. Gets out, he's so far ahead of everyone in our class he decides to drop out and become a Fortnite streamer. Currently rocking a 1.93% win ratio. Amazing.

See, this guy keeps his shit on lock, doesn't need the public seeing all the cash he's raking in else they'd be all over his ass to build schools in Africa or something. Dude's got an accountant for his accountant to write financial statements on the real accountant's thoughts to make sure he's not thinking too loud about his earnings. But I got a guy that hacked the WiFi chip on his coffee maker and got me past his VPN blocker, so I figured it out. The fucker rivals Bezos. All-in-all.. he's down about $350. Cost of an Xbox live membership and 12 months of internet. Crazy.

Have an acquaintance who started off at the GS trading floor and went on to start his own quant fund in 3,5-4 years after joining. Guy isn't even brilliant, but probably the most structured and dedicated person I have met to this day.

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